I China’s cotton yarn imports totaled 159.2kt in Oct. According to China customs, China imported a total of 159,200 tons of cotton yarn in Oct 2023, a decrease of 15,900 tons comp …
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British AI chip darling Graphcore pulls out of China as Nvidia rival becomes latest casualty of US export curbs
British graphics processing unit maker Graphcore, once seen as a potential Nvidia rival, said all of its top-line products fall under Washington’s new export rules.
Binance US guilty plea complicates Hong Kong affiliate’s crypto licence application
Binance and its founder Changpeng Zhao’s guilty plea to US anti-money-laundering laws may present hurdles to the cryptocurrency exchange’s plans to gain a legitimate foothold in Hong Kong, industry …
French foreign minister says France ‘committed’ to dialogue with China
France is committed to dialogue with China, French Foreign Minister Catherine Colonna said on Friday, affirming ties after a European Union anti-subsidy probe backed by Paris into Chinese-made …
Report preview: How Gen Z consumers in China are redefining hard luxury
Adapting to a new demographic and localizing are the keys to success for luxury brands seeking to engage younger buyers in China.
China rejects EU’s allegations of EV overcapacity export: ambassador
Last week, European Commission President Ursula von der Leyen asserted, “There is clear overcapacity in China, and this overcapacity will be exported,” claiming this is the reason behind the EU …
China wielding ‘bargaining power’ with Russia over Power of Siberia 2 natural gas pipeline
Construction of the Power of Siberia 2 natural gas pipeline is likely to be slower than expected despite the ‘no limit’ strategic partnership between Beijing and Moscow Russian President Vladimir …
French foreign minister visits China to soothe ties after EV probe
France is China’s top source of cosmetics and wine imports, according to China’s customs agency, with French luxury titans such as LMVH (LVMH.PA) particularly dependent on Chinese consumers. The lack …
Australian Barley Makes Big Comeback in China After Tariffs End
Australian barley is making a big return to the Chinese market after Beijing lifted punishing tariffs that halted trade for three years.
More Money Is Leaving China
After years of re-investing their Chinese earnings in China, foreign firms have begun to pull out their money.
China gearing up to take on pharmaceutical giants, drive biotech boom: innovator
Chinese-American biochemist Wang Xiaodong says Chinese research is moving into developing innovative new medicines.
China Focuses on OpenAI Turmoil in A.I. Race with U.S.
Amid drama over OpenAI CEO Sam Altman, some in rival China ask if new board member Larry Summers will align the key company to US government and other interests
Nvidia shares drop as China worries overshadow stellar forecast
Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs would sap growth in China, its third largest market, and curtail the AI-driven boom in its business.